Finance Minister Arun Jaitley has said the larger interest of the public sector would be fully protected.
M Veerappa Moily's takeover of the environment & forests ministry last month, it appears, is turning out to be a blessing for Coal India Ltd (CIL), the world's largest coal producer.
The government on Thursday fixed Rs 358 a share as the floor price for up to 10 per cent stake sale in Coal India on Friday, which may help the exchequer garner about Rs 22,600 crore (Rs 226 billion) in the biggest sale of shares.
The company has also advised power firms to use trucks to carry coal from remote mines, like the Amrapali open cast pit in eastern Jharkhand state.
India should simultaneously prioritise domestic exploration and production of more oil and gas in the country, and ensure we retain diversified suppliers for imports, points out former foreign secretary Ranjan Mathai.
India's brittle energy security is inextricably linked to two opposing paradigms - fossil fuels, and the transition to green energy. The first powers the present; the second paves the way for Viksit Bharat in 2047.
India and Russia have solidified a five-year plan to enhance their economic and trade partnership, while also addressing the ongoing conflict in Ukraine and the threat of terrorism.
Last month, the Union Cabinet had cleared the proposal to divest 10 per cent of the government's stake in the world's largest coal miner through an IPO.
State-owned Coal India is likely to get listed by October and may be accorded Maharatna tag by 2010 end, while BHEL has to wait for at least a year to be awarded with the coveted tag, a senior official said on Friday.
A team of navy, army, NDRF, and SDRF personnel are working to rescue nine workers trapped inside a coal mine in Assam's Dima Hasao district. The mine is suspected to be illegal, and one person has been arrested in connection with the incident. Rescue efforts have been underway since Monday, but no workers have been found yet.
India's eight key infrastructure sectors' output stood at 3 per cent in September, slower than the 6.5 per cent expansion recorded in August, according to official data released on Tuesday. The core sectors' output growth was 2.4 per cent in September last year.
India's power sector CO2 emissions fell in H1 2025 for the first time in nearly 50 years (outside the pandemic), thanks to record renewable growth and lower coal use from cooler, wetter weather.
'With the deployment of a higher degree of mechanisation, awarding contractual mining to MDOs and operational efficiency, we feel confident of achieving the desired target.'
TasteAtlas has unveiled its global line-up of top chicken dishes. It's no surprise that Butter Chicken is No 5.
CMD designate says company will do everything to meet the presidential directive.
India's eight key infrastructure sectors' growth jumped to a 13-month high of 6.3 per cent in August 2025 on account of expansion in coal, steel, and cement production, according to official data released on Monday. The core sectors' output growth was 3.7 per cent in the previous month of July.
The Indian steel industry is faced with a paradox: Rising demand and falling prices. Demand continues to surge as user industries gather pace, with the World Steel Association projecting around 9 per cent annual growth for India over 2025 and 2026, the year domestic demand is projected to be almost 75 million tonnes (mt) higher than in 2020.
Yes, the entry of private bankers, particularly with global experience will add value to PSBs, points out Tamal Bandyopadhyay.
Disinvestment Commission has recommended sale of 49 per cent stake in mining consultancy subsidiary Central Mine Planning and Design Institute to a strategic partner after making it an independent company.
In all, 25 Chairman-cum-Managing Director (CMD) posts, 8 MD posts and 2 Chairman posts are lying vacant, according to a written reply by Minister of State for Heavy Industries and Public Enterprises P Radhakrishnan in the Lok Sabha.
The increase in production will be from the existing mines.
Growth in power demand remains in negative though it is picking up as coronavirus-related restrictions are eased.
...a time when his legacy ledger was still positive and before the debacle against China. With every subsequent election, our leaders tend to become weaker. India should consider passing a law that no person should hold the highest office in our country for more than two terms, points out Harishchandra.
India always faces a Hobson's choice as far as feeding coal-fired generators goes - even if the government is reluctant to admit it. The country cannot do without shipping in the world's most polluting fuel from overseas. And it will continue to do so unless it decides to reduce demand by forcing citizens, farmers and businesses to live without electricity for part of the day, or use diesel generators to fire facilities.
Ahead of the key meeting called by the steel ministry with the industry captains on Monday to discuss the impact of rising steel imports, companies have raised the issue of cheaper 'substandard' inflows from China, Vietnam, and South Korea, saying they are setting the benchmark for domestic prices and squeezing the profitability of Indian producers.
Dragged down by Coal India, the cumulative market valuation of four among the top 10 Indian companies fell by Rs 30,679.66 crore during the past week.
Industrialist Gautam Adani-led Adani Group is looking to invest around $60 billion up to FY32 in power sector, especially in renewables, generation and transmission/distribution. In an investor presentation, Adani Power said the group plans $21 billion investment by FY30 to scale up renewable energy capacity to 50 GW from 14.2 GW as of FY25.
Stock markets are in for an event-heavy week ahead with a raft of Q1 earnings from blue-chips, the US Fed interest rate decision and foreign investors trading activity driving investors' sentiment, analysts said. Macroeconomic data announcements, monthly auto sales numbers and global market trends would also guide movement in the domestic equities, they said.
'It's shameful that someone wanting to run his YouTube channel is targeting a 23-year-old
A US official has stated that India's continued purchase of Russian oil is a point of contention in the relationship between the two countries, as it helps fund Russia's war efforts in Ukraine.
The United States action of levying 25 per cent additional tariff on Indian goods is 'unfair, unjustified and unreasonable', India said on Wednesday in a firm reaction, signalling increasing tensions between the two strategic partners over New Delhi's energy ties with Moscow.
ABVP won all six posts -- president, vice-president, general secretary, joint secretary, cultural secretary and sports secretary -- in the elections held on September 19, a press release said.
The 30-share Sensex was up 191 points at 28,707.75 and the 50-share Nifty was up 54 points at 8,714.
Congress leader Rahul Gandhi has said the 'wholesale attack on the democratic system' currently underway in India is the single biggest risk the country is facing, and asserted that allowing different traditions to thrive is very important as 'we cannot do what China does, which is to run an authoritarian system'. IMAGE: Kindly note that this image has been posted for representational purposes only. Photograph: / Rediff.com Speaking at a seminar titled 'The Future is Today' at the EIA University in Medellin, Colombia, Gandhi also alleged that there are 'huge amounts of corruption at a centralised level' in India now. "In India, we have huge amounts of corruption now at a very centralised level. So, three or four businesses taking over the whole economy, having a direct relationship with the prime minister, is rampant in India," the Leader of Opposition in Lok Sabha said. "But I believe decentralising power, making things more transparent, bringing people into conversations, and bringing people into processes is the best way forward," Gandhi said while addressing the seminar on Wednesday. Hitting back at the Congress leader for his remarks, the Bharatiya Janata Party on Thursday accused Gandhi of insulting and degrading India on foreign soil. Posting a video clip of Gandhi's speech on X, BJP national spokesperson Gaurav Bhatia said, 'Rahul Gandhi does it again, degrades India on foreign soil. From defaming our democracy in London, to mocking our institutions in the US, now in Colombia he spares no chance to insult Bharat globally.' 'This isn't dissent. It's disgrace to the fake Gandhi. Criticising BJP may be your right but dare you malign Mother India for your cheap and petty politics,' Bhatia said. Speaking at the seminar, Gandhi said India has a much more complex system as compared to China and its strengths are very different from that of the neighbouring country. India also has a very old spiritual tradition and a thought system with profound ideas that are useful in today's world, he said, adding that there is a lot that the country can offer in terms of tradition and way of thinking. "I am very optimistic about India, but at the same time, there are fault lines within the Indian structure. There are risks that India has to overcome. The single-biggest risk is the attack on democracy that is taking place in India," the Leader of Opposition said. "India has multiple religions, traditions and languages. India is actually a conversation between all its people. Different ideas, religions and traditions require space. The best method for creating that space is the democratic system," he said. "Currently, there is a wholesale attack on the democratic system in India, so that is a risk. The other big risk is different conceptions -- some 16-17 different languages, different religions... So, allowing these different traditions to thrive, and giving them space to express themselves is very important for a country like India.
The Securities and Exchange Board of India (Sebi) is set to introduce key reforms aimed at facilitating smoother mega initial public offerings (IPOs). Key among the proposals is a reduction in the quota reserved for individual investors - those applying for less than Rs 2,00,000 per application - from the current 35 per cent to 25 per cent for large IPOs (issue size above Rs 5,000 crore).
From labelling India the 'Tariff King' to slapping sweeping import duties, US President Donald Trump has steadily hardened his trade stance on India. These announcements are being seen as a pressure tactic to get New Delhi to agree to demands made by the US in the proposed Bilateral Trade Agreement (BTA).
US President Donald Trump on Wednesday slapped an additional 25 per cent tariff on goods coming from India as penalty for New Delhi's continued buying of Russian oil.
'India did not surrender. That was why he wanted to pressurise India by this 25% tariffs.'
State-owned mining giant, Coal India, is hoping to recover around 75-80 per cent of its liabilities from customers with whom it has long-term fuel supply agreements (FSAs) after the Supreme Court (SC) allowed states to recover dues retrospectively. A legal recourse, however, is underway. "We are impacted in two states - Jharkhand and Odisha.
'Vivek Vaswani came over to discuss Raju Ban Gaya Gentleman which he was producing with Aziz Mirza as the director.' 'When I asked who was playing the lead, Raju, he said it was an actor called Shah Rukh Khan. "He looks just like Aamir Khan," Vivek added.' 'It was a shock when I met Shah Rukh on the first day of the shoot.' 'He was thin and tanned, with a fat nose and thick lips.'
